Getting a car to drive on South Beach may soon be about as easy as ordering a pizza.
The city of Miami Beach is launching a program that will allow tourists and residents to rent sedans, SUVs and eventually electric cars on an as-need basis for as brief and cheap as $9 an hour.
The service, provided through Hertz On Demand, kicks off Tuesday when 20 cars will become available in eight parking garages located mostly in South Beach. The city’s fleet could eventually reach 100 cars.
Year-end figures show that homes and condos sold at a pace that eclipsed the volume of deals at the height of the boom
International buyers spurred Miami-area home sales to a new record in 2011, even exceeding sales volume during the height of the real estate boom in 2005, according to figures released Friday.
A total of 24,929 condominiums and homes were sold in Miami-Dade County, up 46 percent from 2010 and up 4 percent compared to 2005, according to the Miami Association of Realtors and the Southeast Florida Multiple Listing Service. Condominiums sales surged 54 percent, to 15,009 in 2011, and home sales rose 36 percent to 9,920.
“We’re on the verge of a real estate boom,” said Miami Association of Realtors Residential President Patricia Delinois, citing an array of properties from the Design District and Brickell to Miami Beach.